The biggest cities in the world stand to make a lot of money from marijuana legalization.
That’s the takeaway from an economic study cultivation tech company Seedo published following the 2018 Cannabis Price Index detailing the cost of marijuana. It looks at marijuana use, legality, cost, and calculates the potential taxes in 120 cities across the world.
New York City consumes the most cannabis in the world, ingesting/smoking a whopping 77.44 metric tons annually. While population is obviously the biggest factor, the city’s cannabis consumption is more than double that of American runner-up Los Angeles, which consumed 36.06 metric tons.
Denver barely cracked the top 10 for U.S. cities, consuming 6.2 metric tons, according to the study.
To read the complete story, go to TheCannabist.co.
Note: An earlier version of this story had an error regarding how much more cannabis New York consumes over Los Angeles. The story has been updated to fix that math mistake.